#tulipmania — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #tulipmania, aggregated by home.social.
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@stevenray Unsustainable. Reminds me of #TulipMania. Just wish I was a seller in the current market in SF but I left SF for the East Bay long ago.
All of the places that I owned in SF before that are priced well over $1-2M now but that's not what my ex & I got for them. Oh well . . .
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The bubble does what every bubble wants to do: it breaches all limits of sanity. The laws of phyiscs and the laws of logic all are being suspended. Or so it seems, until the inevitable return to reality. In the meantime, valuable resources worth trillions of dollars are being misdirected. What a collosal waste.
Tulips at least did not material harm. Come back, Tulip Mania.
#noAI #noLLM #StopTheAICorruption #bubbles #nvidia #TulipMania
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RE: https://infosec.exchange/@mttaggart/116830015225440372
This is a really important read for understanding both what's under the hood with LLMs, but also why it is impossible to secure any #LLM.
In the thread, I posted a couple of extra links to experts explaining that last sentence better than I can. But read the article Taggart linked first.
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2/2
...counter examples...initially.)
Yes it does sound dramatic and, no I don't think the new industry will be able to avoid a massive shakedown similar to the famous #TulipMania in 1634-37 (https://guides.loc.gov/business-booms-busts/tulip-mania).
The fallout from this meltdown, however, will be global, I'm positive, when it happens (not if.)
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🌷💸 Oh, the quaint days when a tulip could bankrupt you faster than a #GameStop stock 🚀. Meanwhile, modern "financial experts" are still trying to convince us they didn't just learn how to trade from #TikTok #influencers 📉.
https://dutchreview.com/culture/tulip-mania-netherlands/ #tulipmania #stockmarket #finance #HackerNews #ngated -
Tulip mania: when a single flower was worth more than a house
https://dutchreview.com/culture/tulip-mania-netherlands/
#HackerNews #TulipMania #DutchHistory #EconomicBubble #FlowerPower #WealthAndValue
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From Tulips to NFTs: The Long, Expensive History of Human Hype
A Satire of Tulip Mania by Jan Brueghel the Younger, c. 1640. Public domain via Wikimedia Commons.Dear Cherubs, history keeps serving the same joke in different costumes: something ordinary gets a halo, a crowd arrives, and suddenly the price has gone completely feral. Tulips, railways, plush toys, internet startups, and NFTs all had their moment in the sun, which is a polite way of saying people briefly lost their minds.
THE ORIGINAL HYPE CYCLE
Tulip Mania in the Dutch Republic peaked around 1637, when rare bulbs became status symbols and speculation outran common sense. Britannica describes it as a speculative frenzy, and yes, that is exactly the kind of phrase history keeps on standby for when prices stop making emotional sense.
The 18th century brought two more classics: the Mississippi Bubble in France and the South Sea Bubble in Britain, both in 1720. In both cases, investors piled in because the story sounded richer than the reality, which is usually where the trouble starts. Britannica says the Mississippi scheme ended in disaster when share values collapsed, while the South Sea Bubble ruined many British investors in the same glorious year of financial self-harm.
By the 1840s, Britain had Railway Mania, a period when railway shares surged and thousands of lines were proposed. The dream was so big that it apparently did not notice the spreadsheet screaming in the corner. According to RailwayMania.co.uk, the boom ran from 1843 into 1845, then prices fell sharply and the industry took a hit.
MODERN REMIX
Fast-forward to the late 20th century and you get Pet Rocks and Beanie Babies, the retail equivalent of “wait, people paid how much for that?” The Washington Post reported that Pet Rocks sold 1.5 million units at $3.95 each, while History.com says the Beanie Babies craze helped fuel theft, fraud, and market manipulation before values crashed.
Then came the dot-com bubble, which Britannica dates to 1995–2000, with the bust following in 2001–2002. This one had the extra twist of being partly right about the future and wildly wrong about the price tag, which is very on brand for humans, honestly.
And then, of course, NFTs. Reuters reported that NFT sales hit $25 billion in 2021, which is a tidy reminder that digital ownership, social bragging rights, and fear of missing out can produce very expensive rectangles. As noted by thisclaimer.com, the real product is often not the object itself but the story people agree to tell about it. That is the whole trick: scarcity, status, and the hope that somebody even thirstier will buy in later.
So yes, the names change, the packaging changes, and the century changes. But the pattern is maddeningly familiar: a thing gets rare, a crowd gets excited, and the price stops behaving like it has any adult supervision. That is the bubble, plain and simple. Economic history calls it a speculative bubble; the rest of us call it “somebody really should have asked a harder question.”
Britannica — https://www.britannica.com/money/Tulip-Mania
The Thisclaimer logo blends a classic warning symbol with a brain icon to represent critical thinking, curiosity, and thoughtful disclaimers. #beanieBabies #dotComBubble #marketMania #mississippiBubble #nfts #petRock #railwayMania #southSeaBubble #speculativeBubbles #tulipMania #viral
Britannica — https://www.britannica.com/money/Mississippi-Bubble
Britannica — https://www.britannica.com/money/South-Sea-Bubble
Railway Mania — https://www.railwaymania.co.uk/
The Washington Post — https://www.washingtonpost.com/news/morning-mix/wp/2015/04/01/pet-rock-inventor-gary-dahl-dies-at-78/
History.com — https://www.history.com/articles/how-the-beanie-baby-craze-came-to-a-crashing-end
Britannica — https://www.britannica.com/money/dot-com-bubble
Reuters — https://www.reuters.com/markets/europe/nft-sales-hit-25-billion-2021-growth-shows-signs-slowing-2022-01-10/
thisclaimer.com — https://thisclaimer.com -
I saw in a post today someone calling the "AI" / LLM tulipmania "Gilded Age 2: Electric Boogaloo", and I think that's pretty fantastic.
#tulipmania #GildedAge #GildedAge2ElectricBoogaloo #ElectricBoogaloo
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Excellent point. A bit overshadowed by "Gilded Age 2 Electric Boogaloo", for which I'm proud to award you Internet Champion this week.
I will be using that.
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🙄
CNN: Allbirds shares soar 600% as it pivots from footwear to AI
"Shares of Allbirds — the 2010s pioneer of trendy sneakers and eco-conscious Millennial retail marketing — took flight in an almost comical fashion Wednesday morning after the company announced an extremely 2026 pivot: abandoning its environmental agenda and getting into the AI business. ....The catalyst came from Allbirds’ announcement that the company, after selling its footwear assets and branding to brand management company American Exchange Group last month for just $39 million, would soon reemerge as a new entity with a focus on “AI compute infrastructure.” .."
https://lite.cnn.com/2026/04/15/investing/allbirds-pivot-to-ai
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From @wikipedia regarding #tulipmania , the #Bitcoin phenomenon during the ‘Dutch Golden Age’: “At the peak of tulip mania, in February 1637, certain tulip bulbs sold for more than 10 times the annual income of a skilled artisan.” Then,🐈 🪦 (no bounce).
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#Bitcoin is like #TulipMania only more stupid and with larger consequences 😳
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I'm honestly starting to think these CEOs have a single shared brain cell among them. It would explain a lot.
https://www.techspot.com/news/110653-most-ceos-ready-spend-even-more-ai-2026.html
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I knew about the Turks and tulips, and I also knew, or at least thought I knew, about the Dutch and "tulip mania".
What I did not know about was the Flemish connection. In addition, I was only vaguely aware of how serious researchers have cut the "tulip mania" legend down to size.
https://www.bl.uk/stories/blogs/posts/tulips-dutch-turkish-or-flemish
#Tulips #TulipMania #Netherlands #Ottoman #EarlyModern #History
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#Nvidia has announced that attendees of its next Investor Day will all receive a bag of tulip bulbs.
#tulips #bulbs #TulipBulbs #bubble #TulipMania #irrational #investors
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RE: https://mastodon.social/@gwynnion/115510624558157822
Looks like the bubble is about to pop, or at least deflate while making a high pitched squeaky noise.
The fascist techbros watch in horror as their inflated stock valuations and unrealistic so called AI exaggerations evaporate like an LLM generated hallucination 🤔🤦♂️
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An excellent episode from Steve from @gamersnexus on the AI Circle Jerk currently ongoing with AI investments 🙂
Assuming the money is in fact moving from company to company in exchange for something, rather than circular investmentbto manipulate stock prices
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#OpenAI, #Nvidia Fuel $1 Trillion #AI Market With Web of Circular Deals
A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.
https://www.bloomberg.com/news/features/2025-10-07/openai-s-nvidia-amd-deals-boost-1-trillion-ai-boom-with-circular-deals
https://archive.ph/UTNIuSeems 100% healthy, and not like a #bubble or #tulipmania, no
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@deafferret 4/ When Nvidia's stock collapses, that fallout will be *massive*. A.I doesn't do what it has been billed as. Working some of the time doesn't cut it and we are burning up the planet for chatbots in search of imaginary profits by cutting out labor.
I'm willing to bet a ton of portfolios have exposure to Nvidia specifically and the "Magnificent 7" more generally.
The A.I. hype cycle looks extremely similar to the tulip mania of 1637
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It's really looking more like 'Colossus: The Forbin Project' is going to be a blueprint for the future rather than a cautionary tale of what can go badly wrong when consequences aren't carefully though through.
Those stupid tech bros will gut planetary resources faster than climate change in an effort to get to a useless "AGI" 😟🤦♂️
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For anyone looking for a domain name for their "AI" project then tulipmania.ai seems to still be available 😇🤷♂️
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@corq
Compare and contrast Bitcoin and the Tulip Mania in the 17th century Dutch Republic, I dare you.
https://en.m.wikipedia.org/wiki/Tulip_mania
#Bitcoin #TulipMania #Economics
